So Powell finally used the F word: Froth. Being non specific though as one would expect and being super careful as to not overtly link monetary policies to the said froth we […]
On April 26 $SPX made a slight new high on a negative RSI divergence following a historic, near uninterrupted rally off of the March lows from the previous year. If you think […]
Has the bubble already popped and we haven’t realized it yet? I recognize it could be considered a ludicrous question to even ask considering indices just made new all time highs last […]
The amount of liquidity pumped into the markets and the economy in the last year dwarfs anything we’ve seen in history. Markets certainly have reacted to it with exuberance and the bounce […]
I’m a very lonely voice in equity markets right now. Technically nothing has really surprised me yet, not the $VIX crush to the February gap fill, not the move toward the 4156 […]
The ghost of 2013 indeed is hanging over this market. Nothing matters and the trend remains fully intact and new record market highs are made every month. November, December, January, February, March, […]
What have we learned so far in 2021? Simple: The relentless liquidity machine remains in full control. In addition to renewed and larger fiscal stimulus central bankers, including the Fed, have made […]
Buyers of Bitcoin have seen fantastic results in the past year since the lows of March 2020. That is until the middle of this month as price has dropped a bit. Whether […]
March 23, 2020. The day of the bottom and markets never looked back a few intermittent corrections aside. Central bankers have done it again: Print the world out of another crisis and […]
The ritual has become as old and stale as it has become predictable: A central bank promises to continue the free money spigot and market participants pile into risk assets as we […]
